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Mon 26 Jun 2006, 14:37 Mvelaphanda - Directors dealings in Mvela Resource
MVL
 MVL                                                                             
Mvelaphanda - Directors" dealings in Mvela Resources securities                 
MVELAPHANDA RESOURCES LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1980/001395/06)                                            
Share code:  MVL & ISIN:  ZAE000050266                                          
("Mvela Resources")                                                             
DIRECTORS" DEALINGS IN MVELA RESOURCES SECURITIES                               
In compliance with paragraph 3.63 to 3.74 of the JSE Limited Listings           
Requirements, we hereby disclose the following directors" dealings in securities
of Mvela Resources:                                                             
(1)Name of Director:             TMG Sexwale                                    
Date of transaction:          23 June 2006                                   
   Nature of transaction:        Sale of shares held by                         
                                 The TJS Family Trust for                       
                                 the funding of an                              
exercise of options                            
   Class of securities:          Ordinary Shares                                
   Number of securities:         106 205                                        
   Selling price of securities:  R32,7959                                       
Total value of transaction:   R 3 483 088,56                                 
   Nature of interest:           Indirect, beneficial                           
   Clearance to deal received:   Yes                                            
(2)Name of Director:             MJ Willcox                                     
Date of transaction:          23 June 2006                                   
   Nature of transaction:        Sale of shares held by                         
                                 The Matimba Trust for                          
                                 the funding of an                              
exercise of options                            
   Class of securities:          Ordinary Shares                                
   Number of securities:         53 102                                         
   Selling price of securities:  R32,7959                                       
Total value of transaction:   R 1 741 527,88                                 
   Nature of interest:           Indirect, beneficial                           
   Clearance to deal received:   Yes                                            
(3)Name of Director:             M Xayiya                                       
Date of transaction:          23 June 2006                                   
   Nature of transaction:        Sale of shares held by                         
                                 The Dikela Trust for                           
                                 the funding of an                              
exercise of options                            
   Class of securities:          Ordinary Shares                                
   Number of securities:         17 702                                         
   Selling price of securities:  R32,7959                                       
Total value of transaction:   R 580 553,02                                   
   Nature of interest:           Indirect, beneficial                           
   Clearance to deal received:   Yes                                            
Johannesburg                                                                    
26 June 2006                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 26/06/2006 02:37:40 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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